Unmitigated climate change will be very expensive for huge regions of the United States," said study co-author Solomon Hsiang, PhD, an associate professor of public policy at the University of California-Berkeley, in a news release.

The uneven impact of the warming "could mean a massive restructuring of the global economy," says Solomon Hsiang, a professor at the Goldman School of Public Policy at Berkeley, one of the reseachers who has painstakingly documented the historical impact of temperature.

com has added three executives to its firm in the first week of 2016: Loh Long Hsiang, the former deputy head of origination and client coverage at Standard Chartered Bank as COO, Feng Ruibin, the former deputy chief risk officer at Ping An Puhui Finance as chief credit officer and Zhou Lili, the former general counsel at HSBC as board secretary and general counsel, the company said.

What climate change is doing is basically devaluing all the real estate south of the United States and making the whole planet less productive," said study co-author Solomon Hsiang, an economist and public policy professor at the University of California Berkeley.

Survey authors Marshall Burke, Hsiang, and Edward Miguel put it this way: "Climatic conditions never cause conflict alone, but changes in climate can alter the conditions under which certain social interactions occur and thus have the potential to change the likelihood that conflict results.

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